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Search Results for: bitcoin

Robinhood CEO Envisions Fusion of AI and Mathematical Reasoning

Harmonic, a latest artificial intelligence protocol, was unveiled on Monday by Vlad Tenev, Robinhood’s CEO and co-founder. The new protocol seems to be an initiative by a commercial artificial intelligence research group working on Mathematical Superintelligence (MSI), as described by Tenev. Artificial intelligence and mathematical reasoning were used to create

June 10, 2024 2 mins read

Solana (SOL) Price Consolidates Around Crucial Support as Metrics Signal Breakout

In recent weeks, the Solana (SOL) price has continued to consolidate around critical support levels, following Bitcoin’s latest struggle to establish a clear trend above the $70,000 psychological mark. Despite the overall stable market sentiment, Solana has experienced a mood swing in key on-chain metrics, suggesting the possibility of a

June 10, 2024 2 mins read

Global Crypto Investment Products See $2 Billion Weekly Inflows

Digital asset investment products saw an inflow totaling $2 billion in the last week, bringing this recent 5-week of positive inflows to $ 4.3 billion. And trading volumes in exchange-traded products (ETPs) rose to $12.8 billion for the week, 55% up from the week prior, according to the recent report

June 10, 2024 2 mins read

BabyDoge Partners with Tangem for Exclusive Hardware Wallet

Baby Doge Coin, the leading meme coin recently made waves in the crypto market with its price rally and new listing expectation. Additionally today it has announced a new partnership.  According to a recent post by BabyDoge, the coin has teamed up with Tangem, a company renowned for its secure

June 10, 2024 1 min read

Navigating BEFE’s Imminent June Rally: Market Insights

As Bitcoin progresses to a new high, it inevitably curates suitable market conditions for other tokens to thrive and yield amazing ROIs for many investors. BEFE token is one of such few cases of cryptocurrencies set to thrive in June amidst the favorable market condition that Bitcoin presents. However, investors

June 10, 2024 3 mins read

Are High-Risk Loans on Aave Signaling Trouble for DeFi?

Amid a surging DeFi market, the Aave protocol is facing a significant uptick in high-risk loans, raising alarms among investors and analysts alike. According to a recent report by data analytics firm IntoTheBlock, the volume of these risky loans on Aave is nearing critical levels, with collateral values perilously close

June 10, 2024 2 mins read

Coinbase-backed Ethereum Layer-2 Network Base’s TVL Hits $8 Billion

Just days after surpassing Optimism’s OP Mainnet, the total value locked (TVL) on Ethereum’s layer-2 network Base topped $8 billion. According to L2Beat’s statistics as of June 10th, its TVL is $8.05 billion. This includes $5.92 billion in natively minted assets and $2.14 billion in canonically bridged value, which are

June 10, 2024 1 min read

Top Crypto Gainers of the Day Despite Weekend Slump

The past week in the crypto market displayed a strong performance in various cryptocurrencies like BNB, Toncoin, FLOKI, and others, soaring to new all-time highs. Further, the fear and greed index indicated high greed levels, with the largest crypto, Bitcoin (BTC), averaging over $72K in trading. However, the weekend turned

June 10, 2024 3 mins read

Should Ethereum Traders Be Prepared for an Imminent Breakout?

Ethereum has been one of the most talked-about cryptocurrencies this year, especially with its roller-coaster performance and the recent ETF approval green light. Starting the year trading at $2,352, Ethereum saw a significant rise to $4,093 in March, a level not reached since 2021. However, by May 1, the price

June 10, 2024 2 mins read

Arbitrum Allocates $215 Million in ARB to Boost Gaming Ecosystem

The Ethereum rollup-based layer-2 network Arbitrum’s development team, the Arbitrum Foundation, has pledged a large portion of its resources to fostering the gaming industry’s growth inside its ecosystem. The proposition allocates 225 million Arbitrum (ARB) tokens, with a market value of around $215 million, to be dispersed over a period

June 9, 2024 2 mins read